InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,985.38
(
0.02%
)
US TECH 100
20,505.60
(
0.08%
)
Dow Jones
43,958.19
(
0.11%
)
Brent Oil
72.15
(
0.40%
)
Bitcoin
90,757.61
(
0.21%
)
Post# of 735992
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

hotmeat

Send PM Follow Ignore
Followers 71
Posts 9170
Boards Moderated 0
Alias Born 09/30/2006

hotmeat

Re: cantseemtopickem post# 45609

Monday, 12/08/2008 6:04:25 PM

Monday, December 08, 2008 6:04:25 PM

Post# of 735992
Covering the short sends the price up when shorters are forced to cover their positions in a short space of time/quickly. This is usually fuelled by positive news about the company etc, that would cause a rapid appreciation in share price that can't be manipulated. Those 350mil shares were covered when this was still on its way down and even now due to the uncertainty about WMI'S financial position. This may change next week, but then you should know all this already.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent COOP News
More COOP News
InvestorsHub NewsWire

Avant Technologies and Ainnova Tech Form Joint Venture to Advance Early Disease Detection Using Artificial Intelligence • AVAI • Nov 12, 2024 9:00 AM

Swifty Global Announces Launch of Swifty Sports IE, Expanding Sports Betting and Casino Services in the Irish Market • DRCR • Nov 12, 2024 9:00 AM

Oohvie App Update Enhances Women's Health with Telemedicine and Online Scheduling • HLYK • Nov 11, 2024 8:00 AM

SANUWAVE Announces Record Quarterly Revenues:  Q3 FY2024 Financial Results • SNWV • Nov 8, 2024 7:07 AM

DBG Pays Off $1.3 Million in Convertible Notes, which Retires All of the Company's Convertible Notes • DBGI • Nov 7, 2024 2:16 PM

SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service • SMX • Nov 7, 2024 8:48 AM

Start posting your company's news
Only $200 per official company press release!